Housing Wire

DECEMBER 12, 2022

The mortgage lender’s overall origination volume dropped 54% from January to September compared to the same period in 2021, according to data from Inside Mortgage Finance. of the total first-line originations in the fourth quarter of 2021 to 27.9% from January to September, compared to the same period in 2021.

Marketing 397

Marketing Lending Retail Clients 397

Housing Wire

APRIL 14, 2022

Consolidation in the mortgage industry is likely in 2022, analysts and lending executives said. “I had not done first mortgage lending before, but I was familiar with the basics of real estate lending. ” In fall of 2021, Chicago-based Interfirst laid off hundreds of employees.

Mortgage 522

Mortgage Marketing Retail Lending 522

McKissock

APRIL 20, 2021

Becoming a real estate agent requires a giant leap of faith and an investment of time and money. That’s why some agents may choose to test the waters with a part-time real estate position while hanging onto a steady income from another job. Finding time for part-time real estate.

Real Estate Agent 98

Real Estate Agent Real Estate Agents Realtors 98

Housing Wire

AUGUST 1, 2023

The Detroit-based lender’s unmatched combination of name recognition, digital infrastructure and consumer technology enabled it to originate more than $670 billion in mortgages in 2020 and 2021, smashing records in the process. billion in 2021. Its parent Rocket Companies rode the wave to a stunning $9.4 And Rocket is well aware.

Loan Officers 370

Loan Officers Retail Real Estate Agent Real Estate 370

Housing Wire

MARCH 17, 2021

“Offering customizable solutions for all our clients is key to this effort, regardless of their size. This focus is quite different from other providers in our space, who typically restrict that benefit to their largest-volume clients.” ” Pre-foreclosure sales are a promising alternative to foreclosures – here’s why.

Real Estate Agent 370

Real Estate Agent Clients Insurance Real Estate 370

Housing Wire

MAY 5, 2021

And the country’s largest mortgage lender expects a good-sized slowdown in the second quarter of 2021. All told, the Detroit lending powerhouse originated $103.6 One other interesting development is the growth in its Rocket Pro Insight program, which gives real estate agents insight into their clients’ mortgage process.

Mortgage 421

Mortgage Real Estate Agent Real Estate Clients 421

Housing Wire

DECEMBER 6, 2022

Becca Summers does not typically include Wells Fargo on the lender recommendation list she gives to clients. However, when mortgage rates started rising in the spring, Summers encouraged her clients to take advantage of the bank’s mortgage rate lock product. Looking back, Summers is glad she encouraged her buyers to swap lenders.

Real Estate 370

Real Estate Real Estate Agent Clients Agents 370

Housing Wire

AUGUST 11, 2021

Foremost is the ability for a home seller to work with an in-house Rocket real estate agent who is in “downtown Detroit” and will receive a commission of 1.5% And there’s one lending partner that has the solutions and resources to give LOs just that. of the sales price. Presented by: Rocket Pro TPO.

Real Estate 421

Real Estate Brokerage Real Estate Agent Agents 421

Housing Wire

MARCH 1, 2022

In eOriginal’s 2020 Tech100 nomination, the company boasted about the efficiency their ClosingCenter product brought to mortgage lending clients; Fairway achieved 80% faster mortgage acceptance by secondary market investors and also realized a 90% reduction in interest expenses to warehouse lenders for mortgages closed using ClosingCenter.

Real Estate 383

Real Estate Brokerage Real Estate Agent Technology 383

Housing Wire

AUGUST 14, 2023

The feature , published earlier this month, noted that Rocket embarked on a local LO hiring spree in 2023 to capture purchase market business from real estate agent connections. So it seems like the real estate community is reacting positively to this particular program,” Emerson told analysts.

Loan Officers 370

Loan Officers Mortgage Real Estate Agent Real Estate 370

Housing Wire

MARCH 5, 2024

trillion in mortgages were originated in 2020 and 2021, the Mortgage Bankers Association (MBA) reported. How do you help real estate agents? We help listing agents generate significantly more buyers for their home sales. We help agents get a marketing edge by including their mortgage with the home sale.

Mortgage 441

Mortgage Buyers Agents Real Estate Agent 441

Housing Wire

SEPTEMBER 30, 2021

Meanwhile, borrower’s real estate agents, brokers, and financial advisers may not even have access to those systems, preventing them from supporting their clients through what is typically the largest financial transaction of their lifetime.

Loan Officers 375

Loan Officers Architecture Real Estate Agent Clients 375

Housing Wire

FEBRUARY 11, 2022

trillion in 2021. With the market shift, LOs whose businesses were mainly driven by refinances in 2020 and 2021, must quickly shift gears and figure out ways to bring in purchase leads. LOs interviewed by HousingWire say that they have actively ramped up their attempts to connect with prospective borrowers and real estate agents.

Marketing 397

Marketing Real Estate Agent Loan Officers Advertising 397

Housing Wire

MARCH 5, 2021

In the announcement, UWM said that the decision came in response to Rocket Mortgage and Fairway participating in actions including soliciting loan officers away from brokers and working directly with real estate agents to cut brokers out of the entire process, a narrative that is far from new.

Mortgage 504

Mortgage Marketing Real Estate Agent Loan Officers 504

Cleveland Appraisal Blog

SEPTEMBER 21, 2023

However, over the past year, my business has been changing rapidly as I shift away from lending work to non-lender work as my primary business. CubiCasa Digital GLA was launched by CubiCasa in 2021. However, larger groups with real estate agents/appraisers nationwide can also give you lots of visibility and perspectives.

Marketing 300

Marketing Real Estate Agent Real Estate Appraisal 300

Housing Wire

JULY 19, 2021

Blend’s investors are apparently convinced that the company can radically transform lending, simplifying and digitizing regimented-but-clumsy processes that are still rather paperwork-heavy. The startup, led by co-founder Ghamsari, helped 291 clients process roughly $1.4 Integrating real estate agents is next.

Insurance 384

Insurance Investors Technology Real Estate Agent 384

Housing Wire

JULY 22, 2022

The examples, all within about a month, illustrate a non-QM lending world in disarray, turned upside down in recent months as originators battle an unassailable force over which they have no control: fast-rising interest rates. recalled Keith Lind, CEO of Acra Lending, a leading non-QM lender. “Of Of course we’re not. “…If

Lending 384

Lending Mortgage Housing Market Marketing 384

Housing Wire

JANUARY 27, 2023

The majority of lenders easily lost half of the volume last year that they originated in 2021, and LOs who have their own databases to tap into are highly sought after. California-based retail lender JVM Lending plans to drum up business this year — but by doing the exact opposite.

Lending 397

Lending Real Estate Agent Loan Officers Retail 397

Lamacchia Realty

APRIL 8, 2024

Her reason for becoming a real estate agent is to continue her desire to work with people and have clients be as happy with their lifestyle as she is providing it to them. Her desire to help her clients earned Shauna the title of Rising Star in the September 2021 issue of the South Shore Real Producers Magazine !

Realtors 69

Realtors Realty Real Estate Agents 69

Housing Wire

NOVEMBER 10, 2020

“I told my client, my friends, ‘Look, I know you’re supposed to close in 10 days but we’re closing Friday and you let everybody know it or you may not close,’” Dodson said. So when that happens, you don’t originate, you don’t lend at par for something at 88. So you stop.”. Everyone bowed out.

Business 432

Business Mortgage Investors Loan Officers 432

Housing Wire

DECEMBER 29, 2020

With 2020 finally coming to a close, several companies wrapped up this unprecedented year for housing with some brand-new mortgage tech for 2021. Blend has digitized lending for more than 150 companies before, including Wells Fargo and U.S The tech solution giving community lenders an advantage. Presented by: Maxwell. billion.

Mortgage 387

Mortgage Investors Technology Real Estate Agent 387

Realtor

JULY 13, 2021

year over year, according to the Realtor.com June 2021 Housing Market Trends Report. Surprisingly, this one often gets overlooked or waived, but I would never encourage a client to do that,” DeSimone says. Getty Images Buyers, we know it’s hard out there for you right now. This is water that you’ll be drinking and bathing in.

Inspection 203

Inspection Real Estate Agent Real Estate Buyers 203

Cleveland Appraisal Blog

JUNE 10, 2021

By the way, did you know that June 22nd, 2021, is National Onion Ring Day ? As usual, I’ve started yet another post talking about a random thing that has nothing to do with real estate. Sometimes, they were not my client at that time. Years later, they may need an appraisal for a purpose other than lending.

Business 273

Business Advertising Appraisal Real Estate 273

Housing Wire

NOVEMBER 3, 2023

billion in commissions they paid to buyers’ agents in the past eight years. ” Other popular answers included, ‘implementing buyer representation agreements,” “full disclosure of client options,” and “more training on our value proposition.” So, I had some scar tissue from that,” he said.

Real Estate 324

Real Estate Brokerage Buyers Property Management 324

Housing Wire

DECEMBER 30, 2022

“It’s going to be competitive — thin margins, little business and LOs getting out of the industry,” Dave Krichmar, banker at Legend Lending Corporation, said of the mortgage industry in 2023. In turn, LOs will be fighting for a piece of the mortgage pie with less rate-sensitive mortgage products, just as they did in 2022.

Renovations 410

Renovations Realtors Construction Mortgage 410

Housing Wire

OCTOBER 7, 2022

” Our real estate agent and mortgage lending partners experience a strong ROI, generating leads by engaging with consumers through unique and compelling information based on data. HW: How can real estate agents and loan officers collaborate to foster strong relationships with clients despite rising rates?

Housing Market 384

Housing Market Real Estate Agent Marketing Real Estate 384

Eppraisal

APRIL 20, 2021

According to a homebuyinginstitute.com article, in February of 2021, there were fewer home for sale than in February 2020. According to an article on Realtor.com, there were 52% less homes on the market in March of 2021 than in March of 2020. A mortgage company will not lend more money than the house appraises for.

Sellers 66

Sellers Loan Officers Inventory Home Value 66

Housing Wire

FEBRUARY 29, 2024

“Another loan closing today is for a real estate agent who is an investor and has done many mortgages in the past. Mike did not hesitate: “I did more pricing exceptions for the real estate agent,” he said in an interview on the day of the loan closings. She’s well educated. It’s not without risk.

Loan Officers 431

Loan Officers Mortgage Lending Real Estate Agent 431

Housing Wire

JANUARY 26, 2024

We’ve all heard the news: over 60,000 real estate agents left the profession in the first half of 2023. Whether you’re newly licensed or an experienced agent who had a productive year — if you’re looking for a change, it’s likely you’ve started receiving emails, letters, and phone calls from all kinds of real estate firms.

Real Estate 421

Real Estate Brokerage Agents Real Estate Agent 421

Appraisal Today

MAY 10, 2024

VA’s Tidewater Initiative written in 2021 by McKissock (Similar idea as current ROV changes), effective in 2003. I have never done an “official” ROV for a lender, but I did not like any lender clients objecting to my values. And if you work in real estate, be prepared to serve clients in all stations of life.

Reconsideration of Value 71

Reconsideration of Value Appraisal Real Estate Insurance 71

Housing Wire

AUGUST 21, 2023

Mortgage origination platform Maxwell , which was in the top 200 last year and a HW Tech 100 award winner in 2021, was ranked No. 126 Transactly 3,852% 2017 Real estate transaction platform providing automation, integrations and tech-enabled services that significantly reduce process time. The company was No.

Real Estate 370

Real Estate Real Estate Agent Technology Investors 370

Housing Wire

JUNE 8, 2022

With interest rates hitting all-time lows, lenders doubled their origination volume to more than $4 trillion in both 2020 and 2021, hired more staff and ramped up investment in technology to close loans faster. A handful of vendors made strategic acquisitions and acquisitions for capitalization in the fall of 2021. Of the $387.2

Mortgage 384

Mortgage Technology Loan Officers Investing 384

PennyMac

SEPTEMBER 20, 2022

Many real estate agents (who are paid in commissions) also have fewer clients and successes in the winter, so they’re often willing to negotiate closing costs and fees as well. Real estate agents also have fewer clients in the fall, so you’re likely to get more out of your agent during the fall as well.

Sellers 36

Sellers Real Estate Agent Housing Market Buyers 36

Appraisal Today

APRIL 21, 2023

Increased numbers of state appraisal boards are looking at complaints against appraisers from the standpoint of the consumer, rather than that of the client and/or the intended user(s). As all appraisers are aware, the consumer has no standing with the appraiser (assuming the consumer is not the named client or intended user).

Appraisal 52

Appraisal Contracts Modernization Mortgage 52

Housing Wire

AUGUST 29, 2022

In 2021, United Wholesale Mortgage (UWM) CEO Mat Ishbia set a three-year goal to make UWM the No. 1 and we’re going to do that,” Ishbia told HousingWire in 2021. “I 1 and we’re going to do that,” Ishbia told HousingWire in 2021. It’s smoother for the client,” Hussam said. 1 lender in the country.

Investing 410

Investing Loan Officers Retail Mortgage 410

Housing Wire

OCTOBER 7, 2020

Behind him, the recent financial crisis still cast a cautionary shadow over new business development, but ahead he saw opportunities for a client-centric, tech-focused family of companies in the title insurance and real estate settlement services industry. To 2021 and beyond.

Insurance 370

Insurance Real Estate Technology Loan Officers 370

Appraisal Today

JUNE 10, 2022

Recall the five forces of friction: practices, standards, education, regulation, and client expectation. The Inevitable Cyclicality of Mortgage Lending. Communicating with non-lender clients: Very, very different than lenders. How to get referrals from real estate agents. Purchase vs. refi appraisals.

Appraisal 52

Appraisal Contracts Business Mortgage 52